Rithm Property Trust Inc.

NYSE:RPT Stock Report

Market Cap: US$113.8m

Rithm Property Trust Future Growth

Future criteria checks 0/6

Rithm Property Trust's revenue is forecast to decline at 2.2% per annum while its annual earnings are expected to grow at 90.2% per year. EPS is expected to decline by 42.4% per annum.

Key information

90.2%

Earnings growth rate

-42.40%

EPS growth rate

Mortgage REITs earnings growth25.9%
Revenue growth rate-2.2%
Future return on equityn/a
Analyst coverage

Low

Last updated05 May 2026

Recent future growth updates

Recent updates

Narrative Update May 07

RPT: Share Repurchase Capacity Will Support Bullish View And Future Re Rating

Analysts have maintained Rithm Property Trust's price target at $22.00. They cite updates to their models that now reflect a lower discount rate, weaker revenue growth assumptions, reduced profit margin expectations, and a higher future P/E, which collectively offset each other at the current target level.
Narrative Update Apr 21

RPT: Share Repurchase Program Will Support Buy Rating And Future Re Rating

Analysts have kept their $22.00 price target for Rithm Property Trust unchanged, citing consistent assumptions about the discount rate, revenue growth, profit margin and future P/E as the main reasons for maintaining their view. What's in the News Rithm Property Trust Inc.
Narrative Update Apr 07

RPT: Buy Rating And New Coverage Support Will Drive Re Rating

Analysts kept their fair value estimate for Rithm Property Trust at $22.00 while highlighting fresh Street research support, including a new $24.00 price target from Compass Point, as a key reason for reaffirmed conviction in the name. Analyst Commentary Recent Street commentary has focused on how the new US$24 price target lines up against the existing US$22 fair value estimate, with investors weighing both upside potential and execution risks.
Narrative Update Mar 24

RPT: Buy Rating And Income Backed P/E Framework Will Drive Re Rating

Analysts have maintained their fair value estimate for Rithm Property Trust at $22.00. A recent price target initiation of $24.00 reflects confidence in the trust's income profile and P/E valuation assumptions without requiring changes to revenue growth or profit margin forecasts.
Narrative Update Mar 09

RPT: New Buy Rating And Mid Teens P/E Will Drive Re Rating

Analysts have adjusted their view on Rithm Property Trust, setting a new $24 price target, up from $22, citing fresh coverage that highlights confidence in the stock's outlook and valuation framework. Analyst Commentary Recent coverage has framed the new US$24 price target as aligned with analysts' current view of where Rithm Property Trust's valuation and execution potential intersect.
Narrative Update Feb 23

RPT: New Buy Rating And Mid Teens P/E Expectation Will Drive Re Rating

Analysts now see fair value for Rithm Property Trust at $22.00, down sharply from the prior $62.00 level. The shift reflects updated assumptions for slower revenue growth, a modestly lower future P/E of about 16x, and recent Street research including Compass Point's new $24.00 target.
Seeking Alpha Feb 22

Rithm Property Trust: Reverse Stock Split Won't Reverse Book Value Dip

Summary Rithm Property Trust is paying out a 9.8% dividend yield but generated negative earnings available for distribution during its fiscal 2025 fourth quarter. The mREIT just engineered a one-for-six reverse stock split and trades at a 54% discount to its book value of $31.80 per share. While the preferreds currently offer a 578 basis point spread to the U.S. 10-year Treasury rate, there are better securities from a broader risk management perspective. Read the full article on Seeking Alpha
Narrative Update Feb 09

RPT: Higher Earnings Power And New Buy Rating Will Drive Re Rating

Analysts have raised their price target for Rithm Property Trust to $24, reflecting updated assumptions around discount rate, profit margin and future P/E, and citing fresh coverage that frames the stock more favorably in current research. Analyst Commentary Recent coverage reflects a more constructive view on Rithm Property Trust, with a new $24 price target that aligns with updated assumptions on discount rate, profit margin and future P/E.
Narrative Update Jan 25

RPT: Higher Earnings Power And Reverse Split Will Drive Multiple Re Rating

Analysts have lifted their price target on Rithm Property Trust to US$62 from about US$22, reflecting updated assumptions on fair value and a higher future P/E multiple after recent supportive Street research. Analyst Commentary Recent Street research has focused on how the updated US$62 price target and higher assumed P/E multiple line up with earlier coverage that cited a US$24 target.
New Narrative Jan 23

Direct Lending Platform And Paramount Deal Will Shape Long Term Earnings Profile

Catalysts About Rithm Property Trust Rithm Property Trust is a commercial real estate focused REIT that deploys capital into opportunistic direct lending and property related investments. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 10

RPT: Higher Earnings Power And Reverse Split Will Support Re Rating

Analysts have lifted their price target for Rithm Property Trust from about $3.50 to roughly $22.00. They cite updated views on fair value, discount rate, revenue growth, profit margins and future P/E, supported by recent Street research that introduced coverage with a Buy rating and a $24 target.
Narrative Update Oct 17

Commercial Real Estate Trends Will Unlock Long-Term Value

Analysts have slightly reduced their price target for Rithm Property Trust from $3.67 to $3.50. They cited adjustments to revenue growth and profit margin assumptions as reasons for the change, and they expect the company's dividend coverage to improve over time.
Narrative Update Oct 03

Commercial Real Estate Trends Will Unlock Long-Term Value

Analysts have increased their price target for Rithm Property Trust, citing an outlook for dividend coverage improvement and repositioning of capital that could drive multiples higher. Analyst Commentary Bullish Takeaways Bullish analysts see improved dividend coverage as a near-term catalyst for higher valuation multiples.
Narrative Update Sep 17

Commercial Real Estate Trends Will Unlock Long-Term Value

Analysts cite Rithm Property Trust’s ongoing transition to full dividend coverage, a focus on higher-yielding commercial real estate debt, and balance sheet optimization to improve earnings stability and income visibility, yet the consensus analyst price target has decreased from $4.00 to $3.67. Analyst Commentary Expected transition to full dividend coverage by 2026 as capital is deployed into higher-yielding commercial real estate debt.
Narrative Update Sep 02

Commercial Real Estate Trends Will Unlock Long-Term Value

Rithm Property Trust’s valuation outlook remains stable, as both the discount rate and forward P/E ratio saw only negligible changes, resulting in no adjustment to the consensus analyst price target, which stays at $4.00. What's in the News Rithm Property Trust completed its buyback program, repurchasing 525,039 shares (2.27%) for $5.1 million; no shares were repurchased between April 1 and July 31, 2025.
Narrative Update Aug 19

Commercial Real Estate Trends Will Unlock Long-Term Value

Rithm Property Trust's future P/E ratio has edged higher, suggesting slightly elevated valuation expectations, while the consensus analyst price target remains unchanged at $4.00. What's in the News Rithm Property Trust was added to multiple Russell indices, including the Russell 2000, 2500, and 3000 series, as well as their respective Value, Dynamic, and Completeness sub-indices.
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New Narrative Jul 27

Commercial Real Estate Trends Will Unlock Long-Term Value

Strong real estate market opportunities and prudent capital deployment are expected to drive revenue growth and boost long-term earnings.
Seeking Alpha Mar 31

RPT-C: A 9.875% Preferred Stock IPO From Rithm Property Trust

Summary Rithm Property Trust Inc.'s new Series C Fix/Float Cumulative Preferred Stock offers a 9.875% fixed dividend until 2030, then a floating rate based on SOFR. RPT-C is trading at $25.25 with a current yield of 9.78% and a yield to call of 10.15%, but may adjust to a lower rate post-2030. RPT-C's yield is offering lower distribution than similar preferred stocks from Rithm Capital Corp., while being more prone to eventual price downticks. As with all high-yield fixed-income investments, investor discretion is advised. Read the full article on Seeking Alpha
Seeking Alpha Dec 01

AJXA: Failed Merger Raises Risk For This Note That Matures Next April

Summary This article compares the Great Ajax Corp. 7.25 CV SR NT 24 to a five-month CD, highlighting the risks involved in the trade. My analysis focuses on the issuer, Great Ajax Corp., and its financial position, including recent quarterly results and available sources of cash. The yield-to-maturity (YTM) for the Great Ajax Corp. note is estimated to be around 12.2%, making it an attractive option for risk-takers.  Low trading volume could be an issue. Read the full article on Seeking Alpha
Seeking Alpha Nov 07

Ellington Financial And Great Ajax Called Off Their Engagement - Now What?

Summary Portfolio Income Solutions monitors market pricing action and merger arbitrage opportunities. Spreads for recent mergers, including Realty Income and Spirit Realty Capital, have remained narrow. Great Ajax Corp., a previously announced merger with Ellington Financial, fell apart, making Great Ajax a potential investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha Jun 16

Great Ajax: An Otherwise Unimpressive High-Yielding mREIT Poised For Recovery

Summary Great Ajax Corp. specializes in purchasing of poor-quality mortgage loans and making them perform - a strategy that may perform well during an economic recovery. AJX’s earnings are most likely to recover due to favorable economic environment, strong mortgage pipeline, and an anticipated dip in funding cost. I'm expecting AJX to report earnings growth in another 12 to 18 months and continue to offer a double-digit yield along with a steady quarterly pay-out. With declining NAV, there lies a possibility of AJX defaulting or liquidating, especially under an environment of rising interest rate and looming recession. Read the full article on Seeking Alpha
Seeking Alpha Nov 03

Great Ajax declares $0.27 dividend

Great Ajax (NYSE:AJX) declares $0.27/share quarterly dividend, in line with previous. Forward yield 13.01% Payable Nov. 29; for shareholders of record Nov. 15; ex-div Nov. 14. See AJX Dividend Scorecard, Yield Chart, & Dividend Growth.

Earnings and Revenue Growth Forecasts

NYSE:RPT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027217N/AN/A1
12/31/202617-10N/AN/A1
3/31/202622-2-10-10N/A
12/31/202518-3-8-8N/A
9/30/202513-2-10-10N/A
6/30/20257-9-9-9N/A
3/31/2025-6-2277N/A
12/31/2024-55-9200N/A
9/30/2024-89-118-9-9N/A
6/30/2024-85-116-15-15N/A
3/31/2024-70-115-38-38N/A
12/31/2023-19-49-46-46N/A
9/30/20234-32-37-37N/A
6/30/202311-43-25-25N/A
3/31/202316-40-5-5N/A
12/31/202235-2811N/A
9/30/202259-1411N/A
6/30/2022681177N/A
3/31/20227530-20-20N/A
12/31/20217634-18-18N/A
9/30/20218037-23-23N/A
6/30/20217833-27-27N/A
3/31/2021742977N/A
12/31/20206223-14-14N/A
9/30/20205318-10-10N/A
6/30/20205121-15-15N/A
3/31/20205628-40-40N/A
12/31/20196434N/A-15N/A
9/30/20196434N/A-8N/A
6/30/20196433N/A-8N/A
3/31/20195828N/A-4N/A
12/31/20185728N/A1N/A
9/30/20185728N/A-8N/A
6/30/20185629N/A-3N/A
3/31/20185428N/A-8N/A
12/31/20175429N/A-9N/A
9/30/20175328N/A10N/A
6/30/20175129N/A-9N/A
3/31/20174828N/A-4N/A
12/31/20164628N/A-5N/A
9/30/20164530N/A-18N/A
6/30/20164430N/A-10N/A
3/31/20164229N/A-15N/A
12/31/20153725N/A-11N/A
9/30/20153019N/A-15N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RPT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RPT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RPT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RPT's revenue is expected to decline over the next 3 years (-2.2% per year).

High Growth Revenue: RPT's revenue is forecast to decline over the next 3 years (-2.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RPT's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 15:40
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rithm Property Trust Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason StewartCompass Point Research & Trading, LLC
Craig KuceraLucid Capital Markets
Brocker VandervlietNomura Securities Co. Ltd.